The phrase
"unit owners" refers to the people who own individual units or apartments in a multi-unit property or building.
Full definition
Under the old law, 100 %
of unit owners were required for approval of any termination.
It is more convenient
for unit owners to resolve payment issues with management directly.
If this is the case then you do have a consideration within a
condominium unit owner policy to pay for assessments such as the deductible.
We have dealt with
unit owners who raise issues with respect to the type of pesticide that is being used.
Hopefully, the condo
unit owner does so by first trying to resolve the matter with his neighbor face to face.
Many of us have had experience
with unit owners who refuse to provide access to their unit for pest control.
The problem with this, however, is that it may push
other unit owners who were on the verge of default into default because they can't meet the additional financial obligations.
Our condo
unit owners policy provides comprehensive coverage, but it does not provide coverage for every loss.
Unfortunately, this means individual
unit owners need to buy and pay for more coverage than before.
For condos, policies also
cover unit owner improvements and some assessments made against you by the condo corporation.
In a recent case, a couple of parking
unit owners challenged the common expense allocation for their parking units that was set out in the condominium declaration.
Working with each area manager and
business unit owner to identify resources that could assist with compliance.
I would not be surprised to see the services get cut, and the condo fee reduced as
more unit owners move in and vote out amenities.
When a community association decides to change a major rule, it will agree to allow
existing unit owners that would be in violation of the new rule to be exempt.
→ Unit owner additional protection This is liability insurance specifically made for condo - owners.
For condos, policies also cover
unit owner improvements and some assessments made against you by the condo corporation.
Only this one
unit owner refused to undertake the remedial measures, although he ultimately did comply before the application reached a court hearing.
Our earthquake insurance for condo -
unit owners gives your customer the ability to customize their policy.
However, some condos have over the years begun to buy things inside units, which
forces unit owners to pay for them.
A lawsuit will most likely be filed unless a compromise between the
affected unit owners can be reached.
It recognizes the potential
for unit owners to be assessed for certain kinds of loss.
To estimate the amount you need, pay attention to how much
other unit owners are paying for recent upgrades, such as new cabinets, flooring, or countertops.
Topics included collecting common expense contributions, dealing
with unit owners who are in financial difficulty, special assessments during difficult times and negotiating service contracts.
The value of the loss is assessed and may be divided among all individual
condo unit owners, or in the case of a co-op the tenants.
This means individual
unit owners need to buy and pay for more coverage than before.
A:
Unit owners do not have the right to adopt or approve a proposed budget as a matter of law.
Like all homeowners policies,
unit owner policies have maximum limits the company will pay for loss to specified types of property (these limits can vary among companies).
In that case, would the remaining units become rental and what would be the risk to
existing unit owners, particularly with respect to the common area?
The co-op board restricts
unit owners from placing any items on their terrace with the exception of patio furniture or plants, said Alan Gelb, attorney for the board.
A condominium corporation can not refuse to take subsequent payments even
if unit owner is in arrears and the unit has been liened.
Can an individual
unit owner pay his or her proportionate interest in the lien, and require the contractor to discharge the construction lien as against his or her unit only?
The Nevada Supreme Court held that representational standing does not permit a homeowners» association to represent former
unit owners because those owners are no longer members of the association.
The condominium documents and the Act restrict some of the rights of individual
unit owners in favour of the collective good of the condominium community as a whole.
The Court ordered the corporation to send a notice to all of
unit owners advising that one unit in the condominium had the exclusive right to serve dim sum and that all other owners were to cease selling any dim sum items.
Mr. Martin assists clients by handling all condominium - related legal matters, including disputes between and among developers, lenders, associations, management, and residential and
commercial unit owners.
He provides quick, economical and effective advice to condo boards, managers and
unit owners on condo law issues and helps avoid, minimize or resolve a wide variety of condo disputes, including:
Some condo corporations have passed bylaws making
unit owners responsible for all flooring materials and countertops in their units, regardless of whether or not they were upgrades or improvement.
Phrases with «unit owners»